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                                                                 EXHIBIT 10.60 

                              PURCHASE AGREEMENT 


                                   between 


                             IAT Multimedia, Inc. 


                         Geschaftshaus Wasserschloss 


                                Aarestrasse 17 


                           CH-5300 Vogelsang-Turgi 


                 - hereinafter referred to as the "Purchaser" -


                                     and 


                              Dr. Alfred Simmet, 


                                 Finkenweg 30 


                                 66879 Kusel 


                   - hereinafter referred to as the "Vendor" -

                                   PREAMBLE 

1. The Vendor was the sole limited partner with a par value interest of DM 
   250,000.00 in FSE Computer-Handel GmbH & Co. KG, entered in the Commercial 
   Register of the Pirmasens District Court under HR A 3472 (hereinafter 
   referred to as the "KG"). The sole general partner of the KG is FSE 
   Computer-Handel Verwaltungs GmbH (hereinafter referred to as the "GmbH") 
   with a capital stock of DM 50,000.00, entered in the Commercial Register 
   of the Mainz District Court under HR B 5812. The Vendor was also the sole 
   shareholder of the GmbH. 

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2. By way of a Purchase Agreement dated November 13, 1998 (Record No. Z 
   851/1997) of Notary Public, Roger Zatzsch, with offices in Frankfurt am 
   Main) (hereinafter referred to as the "Purchase Agreement") the Vendor 
   sold to the Purchaser 80% of his shares in the KG and his entire holding in 
   the GmbH. 

3. Under (section) 5.3 of the Purchase Agreement, the Vendor gave a guarantee 
   to the Purchaser (hereinafter referred to as the "Profit Guarantee") that 
   the KG's EBITDA (profit before interest, taxes on earnings and 
   depreciation) for the 1998 financial year would exceed DM 2,500,000.00. 
   Under (section) 6.1 a) of the Purchase Agreement, the Vendor gave an 
   undertaking to the Purchaser to pay as final compensation the difference 
   between the KG's actual EBITDA for the 1998 financial year and DM 
   2,500,000.00 in the event that the Profit Guarantee was not fulfilled. 

4. The KG maintained a shareholder's clearing account (hereinafter referred 
   to as the "Shareholder's Clearing Account") for the Vendor as its 
   shareholder. The credit balance on the Shareholder's Clearing Account, 
   which ceased to earn interest as of January 1, 1998 by virtue of a 
   resolution of the KG's partner, totaled DM 1,373,640.32 on December 31, 
   1998. 

5. The KG kept a loss carry-forward account (hereinafter referred to as the 
   "Loss Carry-Forward Account") for the Vendor as its shareholder. On 
   December 31, 1998 the Loss Carry-Forward Account showed a loss 
   carry-forward of DM 54,062.89. 

6. The Vendor now intends to sell to the Purchaser, in two equal halves, his 
   interest in the KG with a par value of DM 50,000.00, namely one half of 
   his interest (hereinater referred to as "Share A") with a par value of DM 
   25,000.00 with financial effect as of December 31, 1999 or December 31, 
   2000, at the option of the Vendor, and the other half of his interest 
   (hereinafter referred to as "Share B") with a par value of DM 25,000.00 
   with financial 

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   effect as of December 31, 2000. The Purchaser intends to acquire Share A 
   and Share B. 

7. The Parties also intend to fix the Purchaser's claim against the Vendor 
   for compensation due to the non-fulfillment of the Profit Guarantee at DM 
   2,400,000.00. The Vendor shall satisfy the claim for compensation by 
   assigning his present claim against the KG for payment of the credit 
   balance on the Shareholder's Clearing Account as of December 31, 1998, by 
   assigning his future claims against the KG for payment of any credit 
   balance to the Shareholder's Clearing Account, and by offsetting his claim 
   for payment of the purchase price for Share A and Share B. 

This having been stated by way of Preamble, the Parties agree as follows: 

                      (SECTION) 1  PURCHASE AND TRANSFER 

1.1 Subject to (section) 1.2 and (section) 1.3 below, the Vendor hereby sells 
    and transfers Share A and Share B to the Purchaser who accepts same. 

1.2 The transfer in rem of Share A is conditional upon the following: 
    a) payment of the purchase price in accordance with (section) 3.1 a); and 
    b) entry of the Purchaser in the Commercial Register. 

1.3 The transfer in rem of Share B is conditional upon the following: 
    i)  payment of the purchase price in accordance with (section) 3.1 b); 
        and 
    ii) entry of the Purchaser in the Commercial Register. 

1.4 By way of a statement in writing to the Vendor, the Purchaser may waive 
    the conditions set forth in (section) 1.2 b) and (section) 1.3 (ii). 
    Share A and Share B shall be sold and transferred by assignment. 

1.5 The KG's consent, which is required for the sale and transfer of Share A 
    and Share B, is attached hereto in Schedule 1.5 for purposes of proof. 
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           (SECTION) 2  CLOSING DATE/NOTICE TO COMMERCIAL REGISTER 

2.1 At the option of the Vendor, which must be made within 2 weeks after the 
    presentation of the audited financial statements as of December 31, 1999 
    and declared to the Purchaser by registered letter by that date as being 
    binding, Share A shall be transferred with financial effect as of 
    December 31, 1999 or December 31, 2000. Share B shall be transferred with 
    financial effect as of December 31, 2000. 

2.2 Notices of the change of limited partners to be sent to the Commercial 
    Register and signed by the Vendor, the GmbH and the Purchaser shall be 
    signed by the parties concerned as soon as possible. 

                         (SECTION) 3  PURCHASE PRICE 

3.1 Sum A1 (if the Vendor opts for the sale of Share A with financial effect 
    as of December 31, 1999 pursuant to (section) 2.1) or Sum A2 (if the 
    Vendor opts for the sale of Share A with financial effect as of December 
    31, 2000 pursuant to (section)2.1) shall be paid as the purchase price 
    for Share A and Sum B as the purchase price for Share B: 

    Sum A1 = KG's EBITDA for the 1999 financial year x 4.5/10 - Vv

    Sum A2 = KG's EBITDA for the 2000 financial year x 4/10 - Vv

    Sum B = KG's EBITDA for the 2000 financial year x 4.5/10 - Vv

    and Vv shall be deemed to be the particular loss carried forward to the 
    Loss Carry-Forward Account on the date on which the purchase price is 
    calculated. 
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    The Parties also agree that if a negative figure is produced by the 
    calculation of the purchase price for Share A and/or Share B using the 
    above formulas, the purchase price for that Share shall be DM 0. 

3.2 The EBITDA which determines the purchase price of Share A and Share B 
    shall be derived from a hypothetical profit and loss statement of the KG 
    for the financial year in question. For that purpose, the Vendor and the 
    Purchaser shall prepare a balance sheet and profit and loss statement of 
    the KG in accordance with the continuity principle, basing it upon the 
    pertinent annual financial statements of the KG and retaining the 
    accounting and valuation principles applied for the annual balance sheets 
    at December 31, 1996 and December 31, 1997. From the profit and loss 
    statement of the KG established in this manner, the EBITDA shall be 
    ascertained as follows: 

         EBITDA = net income for the year/deficit 
         plus the following items: 
         --  taxes on income and earnings; 
         --  interest expense; 
         --  depreciation; 
         --  expenses affecting the net income and occasioned by the 
             restructuring measures caused solely by the integration of the 
             KG into the group or by a restructuring of the Purchaser's 
             group, therefore expenses which would not have been incurred if 
             the KG were not an enterprise affiliated with the Purchaser; 
         less the following items:
         --  interest income;
         --  income affecting the net income and occasioned by the
             restructuring measures caused solely by the integration of the KG
             in the group or by a restructuring of the Purchaser's group,
             therefore expenses which would not have been incurred if the KG
             were not an enterprise affiliated with the Purchaser.
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    On the basis of the annual financial statements prepared by the KG's
    management, the EBITDA as defined herein shall be calculated annually by
    the auditor auditing the pertinent annual financial statements, and
    presented to the Parties for their approval. The calculation shall be deemed
    binding for the Parties four weeks after presentation of the EBITDA
    calculation unless within that period one of the Parties advises the other
    Party that he/it refuses to approve that calculation. If approval is refused
    within the required period, at the request of the Purchaser or Vendor, the
    EBITDA for the year in question shall be calculated with binding effect upon
    the Parties and on the basis of the within contractual provisions by an
    international auditing company acting as arbitrator and designated by the
    Pirmasens Chamber of Industry and Commerce. The arbitrator's decision shall
    be binding upon the Parties unless that decision is patently wrong. The
    arbitrator shall also decide upon the allocation of costs in accordance with
    (sections) 91 ff. of the Code of Civil Procedure.

3.3 The purchase price shall be payable as follows: 
    a) Sum A1 ((section) 3.1), five business days after the calculation of 
       the KG's EBITDA for the 1999 financial year has become binding upon 
       the Parties; 
    b) Sum A2 ((section) 3.1), five business days after the calculation of 
       the KG's EBITDA for the 2000 financial year has become binding upon 
       the Parties. 

3.4 Any payments to the Vendor pursuant to (section) 3 shall be remitted to 
    the Vendor's account with Kreissparkasse Kusel, Branch Code No. 540 515 
    50, Account No. 500-216650. 

 (SECTION) 4  CLAIMS FOR COMPENSATION FOR NON-FULFILLMENT OF PROFIT GUARANTEE 

4.1 The Parties agree that the KG's guaranteed EBITDA was not achieved in the 
    1998 financial year, that this result was not caused by a substantial 
    change in the KG's business and activities induced by the Purchaser and 
    that, as a 
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    consequence, the Vendor has not fulfilled the Profit Guarantee. In view 
    of the legal remedy available to the Purchaser by reason of the 
    non-fulfillment of the Profit Guarantee in accordance with (section) 6.1 
    a) of the Purchase Agreement, the Parties agree that the Purchaser has a 
    claim for compensation (hereinafter referred to as the "Claim for 
    Compensation") against the Vendor in the amount of DM 2,400,000.00, and 
    that the Claim for Compensation is due immediately. 

4.2 As partial settlement of the Claim for Compensation and on account of 
    performance, the Vendor hereby assigns to the Purchaser (i) his claim 
    against the KG for payment of the credit balance on the Shareholder's 
    Clearing Account as at December 31, 1998, and (ii) possible future claims 
    to payment of a credit balance on his Shareholder's Clearing Account and 
    (iii) possible future claims of the purchase price ((section) 3). Should 
    the above mentioned claims assigned by the Vendor to the Purchaser not be 
    sufficient to fully pay for the Claim for Compensation, then the Vendor 
    shall settle the remaining amount in cash. 

4.3 A respite for payment for the Claim for Compensation in the amount of DM 
    1,026,359.68 is granted according to (section) 4.2. No interest is due on 
    this amount. 

                    (SECTION) 5  ASSURANCES AND WARRANTIES 

By way separate warranty promise given today and on the date of the transfer 
in rem of Share A and Share B, the Vendor undertakes and warrants: 

5.1 that he is the sole owner of Share A and Share B and that they are free 
    from any encumbrances; 

5.2 that he is free to dispose of Share A and Share B, 

5.3 that for the Vendor, the disposition of Share A and Share B is not a 
    transaction within the meaning of (section) 419 of the German Civil Code, 
    and that his right to 
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    dispose of his assets is not restricted within the meaning of (section) 
    1365 of the German Civil Code. 

                          (SECTION) 6  LEGAL REMEDY 

6.1 If one or more of the undertakings or warranties or obligations assumed 
    under this Agreement are inapplicable or not fulfilled, the Purchaser 
    shall be entitled to demand that the Purchaser and KG be placed in the 
    position in which they would have been had the undertaking or warranty 
    been applicable, or had the obligation been fulfilled. 

6.2 The statutory limitation period shall apply in respect of any claims 
    under (section) 6. 

6.3 The running of the limitation period in respect of any claims by the 
    Purchaser shall be suspended by a written request for fulfillment or by a 
    written notice of default in accordance with (section) 202 of the German 
    Civil Code, in conjunction with (section) 205 of the German Civil Code, 
    subject to the proviso that the Purchaser, in order to preserve its 
    claims, must assert said claims by way of court action within twelve 
    months of delivery of the written request for fulfillment or notice of 
    default, but not before the expiry of the relevant limitation period 
    referred to in (section) 6.2. 

6.4 (sections) 460 and 464 of the German Civil Code and (sections) 377 ff of 
    the German Commercial Code shall have no application to this Agreement. 

                          (SECTION) 7  COOPERATION

7.1 The Vendor covenants and agrees to deliver to the Purchaser all business 
    documents and records belonging to the KG. 

7.2 If, following the closing date, an external tax audit of the KG is 
    conducted in relation to the assessment periods prior to the closing date, 
    the Vendor shall be given an opportunity to take part in the examination, 
    and in particular in the 
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        final discussions, through an authorized representative sworn to 
        professional secrecy. Upon his request and at his expense, all 
        information required to protect his interests shall be provided to 
        the Vendor. The Vendor may also, at his expense, demand that the KG 
        enter an appeal against a tax assessment notice. Proceedings shall 
        then be conducted by the Vendor at his expense. 

                (SECTION) 8  PROVISIONS OF PURCHASE AGREEMENT 

For purposes of clarification, the Parties covenant and agree that none of 
the provisions contained in the Purchase Agreement shall be affected by the 
provisions contained in this Agreement. 

                  (SECTION) 9  FEDERAL ANTITRUST AUTHORITIES 

If necessary, the Purchaser shall, at its expense, take care of giving notice 
of this merger to the Federal Antitrust Authorities. The Purchaser warrants 
that conditions requiring notification do not exist. 

                        (SECTION) 10  CONFIDENTIALITY 

10.1 The Parties shall treat the conclusion of this Agreement and its 
     provisions as strictly confidential unless disclosure to a third party 
     is required by law or the applicable rules of a stock exchange, or is 
     necessary to provide adequate information to the employees of the KG and 
     its chosen representatives. 

10.2 Any statements to the press shall be coordinated jointly. 

                (SECTION) 11  COSTS, MISCELLANEOUS PROVISIONS 

11.1 All of the schedules to this Agreement shall form an integral part of 
     this Agreement insofar as they are attached not solely for the purpose 
     of proof. 
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11.2 Amendments and supplements to this Agreement must be in writing unless a 
     stricter formality is required by law. 

11.3 Should any provision or provisions of this Agreement be or become 
     invalid, the validity of the other provisions of the Agreement shall 
     remain unaffected. The same shall apply in the event that there should 
     prove to be a gap in the provisions of this Agreement. The invalid or 
     impracticable provision or provisions shall be replaced, or the gap 
     remedied, by an appropriate provision which, insofar as possible by law, 
     approximates as closely as possible the intentions of the Parties to the 
     Agreement. 

11.4 This Agreement shall be governed by the laws of Germany. 

Turgi, February 12, 1999 
S/IAT Multimedia                          Pirmasens, February 12, 1999 
                                          Dr. Alfred Simmet